CMC Markets Review 2025
Written by BrokerNotes.co
Fact-checked by Steven Hatzakis, Joey Shadeck
Edited by Jeff Anberg
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail CFD accounts lose money. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CMC Markets is a top-tier broker and a superb option for both new and experienced traders in the forex and CFD markets. Our research and extensive testing led us to award this broker an exceptional overall rating due to its great pricing and diverse offering of securities.
Overall Rating
Minimum Deposit
Trust Score
Pros and Cons
Pros
- Extensive Investment Options: With over 12,000 tradeable symbols and 156 forex pairs, CMC Markets provides one of the most comprehensive trading portfolios available.
- Highly Competitive Fees: With an average EUR/USD spread of just 0.61, significantly below the industry average, along with no required minimum deposit and active trader discounts, CMC Markets stands out for its cost efficiency.
- Superior Educational Resources: Provides extensive resources for both beginners and advanced traders, though slightly more favorable for experienced users.
Cons
- Less Varied MT4 Offering: The MetaTrader 4 account offered by CMC Markets includes fewer tradeable symbols compared to its proprietary platform.
- No MetaTrader 5: Despite its MT4 offering, CMC Markets does not yet support MetaTrader 5 for traders who prefer its more advanced features.
Ratings Summary
- Investment Types - 9.5/10
- Commissions & Fees - 10/10
- Trading platforms - 9.5/10
- Research - 9.5/10
- Mobile Apps - 9.5/10
- Education - 8.5/10
- Overall - 9.5/10
Can I trust CMC Markets?
Yes, CMC Markets is a publicly traded company and authorised by key regulatory bodies such as ASIC, MiFID, and the FCA, underscoring its reliability. According to forex industry research website ForexBrokers.com, it has a trust score of 99 and is "Highly Trusted."
CMC Markets is currently licensed and/or authorised by the following regulatory bodies:
- Tier-1 Regulators - Australian Securities & Investment Commission (ASIC), Canadian Investment Regulatory Organization (CIRO), Monetary Authority of Singapore (MAS), Financial Markets Authority (FMA), and the Financial Conduct Authority (FCA)
- Tier-2 Regulators - Dubai Financial Services Authority (DFSA)
- Tier-3 Regulators - None
- Tier-4 Regulators - None
Is CMC Markets good for beginners?
Absolutely! CMC Markets is a splendid choice for beginners, thanks to its comprehensive educational offerings that include videos for both beginning and advanced traders.
| Feature |
CMC Markets
|
|---|---|
| Education (Forex or CFDs) | Yes |
| Client Webinars | No |
| Videos - Beginner Trading Videos | Yes |
| Videos - Advanced Trading Videos | Yes |
| Investor Dictionary (Glossary) | Yes |
CMC Markets commissions and fees summary
CMC Markets is highly recommended for investors looking for cost-effective trading options. It does not require a minimum deposit, charges below-average spreads for the EUR/USD, and offers discounts for active traders.
| Feature |
CMC Markets
|
|---|---|
| Minimum Deposit | $0 |
| Average Spread EUR/USD - Mini | 0.61 |
| Average Spread EUR/USD - Standard | 0.61 |
| All-in Cost EUR/USD - Active | 0.51 |
| Active Trader or VIP Discounts | Yes |
CMC Markets trading platforms and tools
Did you know? Trading platforms comparison
Of the 60+ brokers reviewed on BrokerNotes, 64% offer a proprietary platform, 100% offer a web platform, 91% offer a desktop platform, 11% offer cTrader, 14% offer ZuluTrade, 81% offer MetaTrader 4, and 64% offer MetaTrader 5.
CMC Markets is a fantastic choice for its trading platforms and tools, offering a user-friendly proprietary platform alongside the widely-used MetaTrader 4.
Trading platforms offered: Offers a range of powerful trading platforms, including MetaTrader 4 and its own advanced proprietary platform.
Trading tools: Offers a range of innovating trading tools including automated trading signals.
MetaTrader: Provides access to MetaTrader 4, but not MetaTrader 5.
Copy trading: Yes, CMC Markets supports copy trading, a popular feature among traders who wish to follow the strategies of seasoned professionals.
| Feature |
CMC Markets
|
|---|---|
| Virtual Trading (Demo) | Yes |
| Proprietary Platform | Yes |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| DupliTrade | No |
CMC Markets trading platform screenshots
Mobile trading apps at CMC Markets
CMC Markets provides an outstanding mobile trading experience, allowing for robust and flexible trading from anywhere.
| Feature |
CMC Markets
|
|---|---|
| Android App | Yes |
| Apple iOS App | Yes |
| Mobile Economic Calendar | Yes |
| Mobile Alerts - Basic Fields | Yes |
| Mobile Charting - Draw Trendlines | Yes |
| Mobile Watchlist | Yes |
CMC Markets mobile app screenshots
How do I open an account with CMC Markets?
- Navigate to the CMC Markets website.
- Click on the ‘Create Account’ button.
- Fill out the application form with your personal and financial details.
- Verify your identity and address by uploading the required documents.
- Once verified, deposit funds into your account to start trading.
What can I trade at CMC Markets?
At CMC Markets, traders have access to an extensive range of markets with 156 forex pairs and 12,074 tradeable symbols, significantly above the industry average of 3,623 symbols.
| Feature |
CMC Markets
|
|---|---|
| Tradeable Symbols (Total) | 11925 |
| Forex Pairs (Total) | 156 |
| Social Trading / Copy Trading | Yes |
| Cryptocurrency (Physical) | No |
| Cryptocurrency (Derivative) | Yes |
| Spread Betting | Yes |
CMC Markets research screenshots
Account funding at CMC Markets
CMC Markets supports a variety of funding methods, including bank wires, PayPal, and credit cards, although it does not support all popular eWallets like Neteller and Skrill.
| Feature |
CMC Markets
|
|---|---|
| Visa/Mastercard (Credit/Debit) | Yes |
| Bank Wire (Deposit/Withdraw) | Yes |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | No |
| Neteller (Deposit/Withdraw) | No |
About CMC Markets
CMC Markets, founded in 1989, has established itself as a prominent player in the global trading scene, offering a wide array of trading products and services. As a publicly traded company on the London Stock Exchange (LSE: CMCX), it adheres to the highest standards of corporate governance and financial transparency, reinforced by top-tier regulations from ASIC, MiFID, and the FCA, ensuring a secure and reliable trading environment for its clients.
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Methodology
At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.
Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.
Note: The online brokers on our site provide the ability to trade forex in one or more ways, such as non-deliverable spot forex (i.e., rolling spot contracts), contracts for difference (CFD), or other derivatives such as futures. The availability of specific markets or features will depend on your country of residence and the broker's applicable brand or entity that services your account(s).
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.
About the Editorial Team
Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices.
Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
Jeff Anberg is a Senior Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.